An exceptional opportunity for boaters, investors, and future homebuilders on Geiger Key! Rent the existing 2-bedroom, 1-bath manufactured home or take advantage of the property's ROGO-exempt status to build a new elevated home with views toward the open ocean. Located only moments from open water, the property sits on a deep-water, flow-through canal with direct ocean access, a 20K pound boat lift and 55 feet of seawall. With no long canal ride, you can be out on the water within minutes for world-class fishing, diving, and sandbar trips across the Lower Keys The existing home offers a bright, open living and dining area with a built-in bar, while the kitchen provides wood cabinetry and ample workspace. Sliding glass doors extend the living space onto a spacious, private covered porch surrounded by tropical landscaping, offering a shaded place to relax after a day on the water. Both bedrooms are filled with natural light and offer closet storage, with built-in cabinetry featured in the guest bedroom, alongside a full bathroom and dedicated laundry connections. Use the home as a Keys getaway or rental property while enjoying the waterfront as it is, or create a new island residence designed to take advantage of the location and surrounding water views. Geiger Key Marina, waterfront dining and nearby boat ramps are close by, while the restaurants, shopping and entertainment of Key West are just a short drive away.